Health Insurance Coverage Increase

A Guide to Increasing Health Insurance Coverage

4th May 2022 8min read 39 views

Every Indian today understands the importance of a good health insurance policy. A good health plan provides you access to quality care when you need it the most. Everybody wants high health insurance coverage, but few have the savings to pay higher premiums. Luckily, you can use a few tips to get better health insurance coverage without impacting your premium. Let’s see how.

How to Increase Health Insurance Coverage

Start Young
To make the most of your health insurance policy, you should purchase a plan when you’re young and healthy. The insurance company views young individuals in good health as low risk. The earlier you buy insurance, the more you can get at an affordable rate. Assume you are 25 and want to purchase an individual health plan with a sum insured of INR 10 lakhs. Premiums may range between INR 500 to INR 1,200 per month. If you’re 35, the premium for the same policy may increase to between INR 800 to INR 1,600 per month. Once you buy your policy, you can continue to boost your sum insured every year through your No-Claim Bonus (NCB). Your insurance company will offer to increase your sum insured by a certain percentage for every year that you do not file a claim. The bonus amount increases for every subsequent year.


Go Comprehensive
You can opt for a comprehensive policy to bump your health insurance coverage. A comprehensive plan could include coverage for critical illnesses, ambulance costs, out-patient procedures, AYUSH and maternity costs. It’s a good idea to compare the various policies available and find one that offers the highest coverage and the lowest price


Get the Family Involved
Choosing between an individual and family health insurance policy can seem impossible. If you are young and live in a nuclear family, a family floater Mediclaim policy may work in your favour. Young families with parents in their early 30s and children under five can benefit from these plans. You can get a high sum insured amount for an affordable premium and cover multiple family members.


Think About Super Top-ups
If you’re looking for a quick and easy way to enhance your health insurance coverage, you must consider super top-up plans. Super top-up health insurance  plans offer high sum insured amounts at incredibly affordable prices. These policies provide an additional layer of protection once you exhaust your base health plan. Ideally, pick a super top-up policy where the deductible equals your base health insurance coverage. Assume your regular health policy provides a sum insured of INR 10 lakhs. You can purchase a super top-up policy of INR 20 lakhs with a deductible of INR 10 lakhs.


Medical inflation continues to rise at an alarming rate. To ensure adequate health insurance coverage, you must find ways to boost your sum insured. With these tips, you can enjoy enhanced protection without breaking the bank. At Edelweiss, we offer a range of health insurance plans. Do a little research to understand which policy works best for you and your needs.

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